SUMMER 2011 UPDATE
Economic Development Header

City of Sacramento business walk program reaches 400 businesses

 

In a matter of only three months, Economic Development has successfully conducted three business walks in commercial corridors throughout Sacramento-- Florin Road, Stockton Blvd, and North Natomas -- and reached roughly 400 businesses. A business seminar to connect these businesses to additional resources is being planned for the fall. Contact Lorrie Lowry for more information.

 

Auto dealership purchases vacant site near Mel Rapton Honda  

In May, the vacant property adjacent to Mel Rapton Honda off Capital City Freeway and Fulton Avenue was purchased for $2.3 million.  The site, more than five acres of land, will be the home of a Chrysler-Dodge Dealership.  Construction is anticipated for July and will likely be operational the first quarter of 2012.

 

 

Plates Caf� gives new lease on life to those in need  

Depot Park's Plates Caf�, a full service catering company offering homemade cuisine, is meeting a huge need in Sacramento by creating a positive atmosphere for previously homeless women with children. With child care underwritten by First Steps, and shuttles donated by Thunder Valley Casino, a new start at life is within reach for these struggling moms.  

 

After completing a 90-day on the job food service and catering training program, participants receive aide to obtain employment opportunities at area food service establishments.  Other partners include Bobbin and Patrick Mulvaney, local Sacramento restaurateur. Follow this link to learn more about Plates Caf�.


Stay connected!

 

Follow us:

@sacecondev

 

Visit us:

Website

 

Call us:

916.808.7223

 

On the K Street horizon: 700 Block development approved 

700 BlockCity Council unanimously approved the proposed project on the 700 block of Sacramento's K Street.  Work will now begin to transform the current vacant storefronts on the south side of the 700 block into a vibrant mixed-use development with retail, housing, and commercial uses.

The anchor tenant, a signature 500 person live music venue, along with boutique retail and restaurants, is expected to draw an additional 5,000 people to the downtown weekly.  The project is slated for completion December 2013. 

The selected development team, D&S Development and CFY Development, will begin transformation efforts of this critical block - with a project cost of $47.4 million - to enhance the area's retail experience with 65,000 square feet, 14 new businesses,  and 400 new jobs. 

The unique design preserves the historic fabric of the storefronts along K Street block while also developing a six-story residential building along the alley that includes parking and affordable units.  Contact Sheri Smith for more information.

City's Brownfields program provides funding to area projects 

The City of Sacramento Brownfields Program assists in the redevelopment on sites that may contain environmental contamination. The City's Brownfields Program provides financial and technical assistance for Brownfields revitalization, including grants for environmental assessment, cleanup, and job training. Recent highlights:

  • Awarded $250,000 grant to the Redevelopment Agency from the Revolving Loan Fund Grant for the cleanup of asbestos and lead in buildings on 800 K and L Streets.          
  • More than $150,000 is being used in Hazardous Substance and Petroleum grant funds to complete an Environmental Site Assessment (ESA) Phase II along Florin Road. 
  • A $200,000 grant received from the US EPA for the cleanup of the old PG&E Powerstation, is set to create the new Powerhouse Science Center (located on Jibboom Street along I-5).

 

Watch a video to learn more about the program.  

 

 


Powerhouse Science Center receives $7 million grantPowerhouse Science Center

The Powerhouse Science Center recently took a huge step forward by securing $7 million grant funding provided by Proposition 84's Statewide Park Development and Community Revitalization Program. The grant is earmarked to build the Earth and Space Sciences Center, which will feature a full-dome, 150-seat planetarium, an updated Challenger Learning Center, and interactive exhibits.

 

Once operational, this new facility will create more than 300 jobs and help vitalize Sacramento's riverfront area by opening the space for more public usage. Formerly the historic PG&E Powerstation, this new venue will be a regional destination, attracting 200,000 visitors and 350,000 students annually.   

 

As a River District anchor, the Powerhouse Science Center will serve as a premier educational asset, prime tourist destination, community gathering place, and a major event venue.

 

Follow this link to learn more about the Powerhouse Science Center, and to track its progress.


Greyhound to make inaugural stop at new facility

 

After decades of looking at various sites to relocate theGreyhound bus terminal Downtown Greyhound bus terminal, a new terminal is coming online this month in the River District on Richards Boulevard.   The 10,000 square foot facility will have seven bus bays and direct freeway access.  It will feature new operational efficiencies, including:

  • Controlled passenger waiting areas
  • Incorporates latest Crime Prevention Through Environmental Design standards
  • Designed to mitigate stormwater runoff with slanted parking lot, drainage swales and detention ponds to filter runoff
  • Self certified as Silver LEED
  • Daylight harvesting - system of natural lighting elements (windows and skylights) that are monitored with photo cells to control dimmable light fixtures
  • Tall volume ceilings help cool the building
  • Concrete flooring is sustainable by helping with thermal mass
  • Onsite full service restaurant

 

Contact Rachel Hazlewood for more information.